MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Appropriation of Profits

Shares of fac...

Question

Shares of face value of 10 are 80% paid up. The company declares a dividend of 50%. Amount of dividend per share is equal to ___________.

A

5

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

4

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

C

80

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

50

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B 4
Dividend is calculated on paid up capital. In the given case, paid up capital is Rs.8, dividend 50% of paid up capital will be Rs.4.

Suggest Corrections

thumbs-up

0

Similar questions

100

shares of face value Rs.

10

each. The company declares a dividend of

20 %

. Find his dividend.

560

shares of a company. The face value of each shares is Rs.

25

. The company declares a dividend of

9 %

. Calculate the dividend Arun would received.

250

shares of a company. The face value of each share is Rs.

8

. The company declares a dividend of

5 %

. Calculate his investment if Siva had paid Rs.

10

for each share.

Q. A company declares 8 per cent dividend to the share holders. If a man receives Rs. 2,840 as his dividend, find the nominal value of his shares.

Ajay owns 560 shares of a company. The face value of each share is Rs. 25. The company declares a dividend of 9%. Calculate

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Appropriation vs Charge

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Appropriation of Profits

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon